国产av不卡一区二区_欧美xxxx做受欧美_成年人看的毛片_亚洲第一天堂在线观看_亚洲午夜精品久久久中文影院av_8x8ⅹ国产精品一区二区二区_久久精品国产sm调教网站演员_亚洲av综合色区无码一二三区_成人免费激情视频_国产九九九视频

The People's Bank of China yesterday ruled out the possibility of an interest rate rise in the near future, although it is considering curbing excessive money supply.

The central bank said its monetary policy committee believed the renminbi's interest rate should be maintained.

It was part of the resolution of a recent meeting of the committee. But a central bank statement did not specify when the meeting took place.

Earlier this month, the central bank said it felt an overly rapid money supply, mainly caused by the rapid growth of credits, in the past few months and worried it would lead to increasing risks and an overheated economy.

But the bank appeared to be reluctant to slow down money by increasing the interest rate because it feared it would add burden to domestic enterprises, which are struggling against persistent low price levels.

The central bank said earlier this month that it would adjust the legal reserves ratio to put the brakes on the stronger-than-desired money supply.

Commercial banks are required to put in the central bank's coffers a set proportion of the deposits they drew from institutions and private individuals. This money is called legal reserves.

The central bank also said it would intensify open market operation, which is about the central bank's trading of treasury bonds (T-bond) with commercial banks.

Under the current situation, the central bank should sell its T-bond holdings to reduce money available in the credit market.

The committee, headed by the bank's Governor Zhou Xiaochuan, also believed renminbi's exchange rate should also be kept stable, the central bank said in a statement.

Close